Many landlords are aware of the tax and regulatory changes that have taken place in the sector, and nearly 75 per cent believe they will be affected. But landlords still need to be reminded of the importance of taking professional advice before committing to further borrowing. MFB was alarmed to see that 54 per cent of respondents had not sought professional advice regarding exactly how they might be affected.
As the report says, the past couple of years or so have delivered uncomfortable changes to property investors, the full impact of which has yet to be felt. While some landlords have adopted a wait-and-see approach, the sector has not seen the “mass exodus” of investors that was widely predicted by some.
MFB adds that while it is early days, landlords have proved themselves to be “robust” and are likely to continue adjusting their investment strategies to the new landscape.
